High transaction mail from incometax on saving account interest
Friend Dost (1 Points)
16 April 2021Friend Dost (1 Points)
16 April 2021
Susmita Dutta, CA , CPA
(CA )
(2141 Points)
Replied 16 April 2021
The department has asked to either file a revised ITR or reply to the query on the compliance portal ...so that's it.
Suravi Kataruka, CA, CS
(Service)
(27 Points)
Replied 17 April 2021
In response to the high value transaction intimation by Income Tax, the course of action is to file a Revised Return considering all incomes which were not included earlier and also responding to the line items in Compliance Portal. You will get a mail from Income Tax once your Revised Return is processed from their end along with the intimation order.
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